Obama Names Mary Jo White Next SEC Chair, Keeps Richard Cordray Head Of CFPB

What's Next In Payments®
3:29 PM EDT January 24th, 2013

President Obama has named Mary Jo White as the next chair of the Securities and Exchange Commission (SEC) and Richard Cordray as head of the Consumer Financial Protection Bureau, according to TIME.

White spent nearly a decade as the U.S. attorney in Manhattan and is viewed as a tough prosecutor who will continue the Obama administration’s policy of tough legislation against big banks. Cordray ran the CFPB last year and has overcome Republican opposition to remain in his position.

Read the full story.

Comments
Also by This Author
What's Hot
Mobile Commerce
Levi’s Appoints Walmart exec Marc Rosen as eCommerce Boss
News
Michael’s Data Breach More Wide Ranging Than Initially Thought
Alternative Financial Services
Lending Club Announces New Funding and Acquisition
Mobile Commerce
Sprig Springs Into The Food Delivery War, With A Plan
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Breach Round Up
The Heartbleed Bug Effects More Than Just Software…
Mobile Commerce
Levi’s Appoints Walmart exec Marc Rosen as eCommerce Boss
B2B Payments
Why Mark Cuban Invested in e-Procurement
News
Michael’s Data Breach More Wide Ranging Than Initially Thought
View All Articles ››